BYRN Form 144: 40,000 common shares proposed sale on NASDAQ
Rhea-AI Filing Summary
Byrna Technologies, Inc. (BYRN) filed a Form 144 notifying a proposed sale of 40,000 common shares by an insider. The shares are scheduled for sale on
The filer reports no sales in the prior three months and affirms they are not aware of undisclosed material adverse information. This notice documents an intended insider sale and the acquisition origin (compensation) and does not disclose any change in company operations or financial results.
Positive
- Insider used previously issued restricted stock (acquired
01/13/2017 ) rather than newly issued shares - No sales reported in the prior three months, indicating no recent insider liquidation
Negative
- Insider plans to sell 40,000 shares for an aggregate of
$1,193,994.05 , which could exert modest downward pressure on the stock around10/10/2025
Insights
Insider plans to sell ~0.18% of outstanding shares for roughly $1.19M on 10/10/2025.
The filing shows an insider plans to sell 40,000 common shares acquired as restricted stock on
This is a routine Rule 144 notice documenting a planned sale; its near-term market impact is likely limited given the small percentage of outstanding shares. Watch the actual execution on or shortly after
Sale arises from previously issued restricted stock, not a new issuance or transfer.
The securities were acquired as restricted stock as compensation from the issuer and were paid in cash on
Investors should note the certification and the absence of reported sales in the prior three months; any subsequent disclosure about material developments before